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Financial
Distress signals
Property profile

502 Lafayette St Shelby, NC 28150

OFF-MARKET
Commercial real estate
Property ID
US53-0662778
3,000 SF 0.88 ac lot Built 1925
Last sale Sep 2023 · $503,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$784
Tax billed · 2024
Assessed value · 2023$127k
Assessed land$81k
Assessed improvement$46k
Effective rate0.62%

Value estimate

· Oct 2026
$410k
$369k – $451k
AI approach$460k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$109/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$59 – $168
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GB
The GB business district is established as a district in which to accommodate a wide range of retail business, professional and personal ...
General categoryCOMMERCIAL
JurisdictionCLEVELAND

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility10.1
Electrical Service9.9
Smoke and Vape Shop9.9

Location

502 Lafayette St Shelby, NC 28150-4427
County assessor Recorded deeds · 4 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Stony Pt, Shelby, NC 28150 $620,000 Sep 2023 3,000 SF
202 Gilliatt, Shelby, NC 28150-4727 $470,000 Aug 2023 2,992 SF
218 Warren, Shelby, NC 28150-5342 $315,500 May 2023 3,700 SF
413 Warren, Shelby, NC 28150-5329 $420,000 Oct 2022 3,122 SF
421 Lafayette, Shelby, NC 28150-5836 $190,000 May 2022 2,311 SF
Immanuel Church, Shelby, NC 28150 $1,100,000 Sep 2020 3,340 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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